
The logistics market in London and the South East
"High-quality Grade A space accounts for 73% of available supply."
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"High-quality Grade A space accounts for 73% of available supply."

"Of the 2.05 million sq ft available, 52% is poor-quality Grade C space, restricting occupier options."

"Supply has risen by 10% to 7.73 million sq ft, but options in quality and size remain limited."

"Highest level of take-up for three years, but a further rise in supply."

"In 2025, 34% of take-up involved newly built speculative units. Although not a majority, this would be higher if there were more supply of such quality."

"Transactional activity is up 49% on 2024."

"Supply has fallen by 45%, with the vacancy rate falling to 5.07%."

"A shortage of modernised stock and an absent pipeline supporting robust rental growth forecasts."

"With geopolitics remaining unpredictable, significant downsides remain present in the outlook"

"With market data painting a variable and volatile picture, Michael Alderton from our Occupier advisory team and Charlie Foster from our investment team examine the prospects for the market in 2026"